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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 646   View pdf image (33K)
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646 ARTICLE 3.

awarding damages becoming final, or in the event of an appeal to the
extent that such order is affirmed on appeal, the damages so awarded shall
become due and payable.

Upon the filing of the report of the examiners, said County Commis-
sioners shall at once proceed to construct, establish, relocate or repair such
sewerage system and to operate and maintain the same, and for the pur-
pose of providing immediate funds for such work they are authorized to
issue negotiable promissory notes of said county as herein provided.

1918, ch. 99. B. Co. C. (1928), sec. 369.

369. The County Commissioners of Baltimore County are authorized
to allow and provide for the payment of any assessment which may be
made, levied or imposed under Section 368 or which may hereafter be
made, levied or assessed thereunder in installments and to fix the amount
of such installments, the interest on deferred payments at a rate not
exceeding six per cent, per annum and the time within which all such
installments must be paid.

1922, ch. 35. B. Co. C. (1916), sec. 288. 1928, sec. 370.

370. For the purpose of providing funds for constructing and estab-
lishing any sewerage system petitioned for under Section 368 the County
Commissioners of Baltimore County are hereby authorized and empow-
ered to create loans from time to time on the faith and credit of Balti-
more County, each loan to be in an amount equal to the aggregate of all
the assessments of benefits on the properties benefited by any such sewer
system, and to issue and sell certificates of indebtedness of Baltimore
County as evidence of any such loan, said certificates to be in good and suf-
ficient form and to be in denominations of five hundred dollars ($500.00)
and multiples thereof, and to be dated, to mature at such time or times
and in such amounts and to bear such rate of interest, payable at such
time or times, as the County Commissioners may determine, said cer-
tificates to be signed by the President of said County Commissioners and
by the Treasurer of said County and to have the corporate seal of Balti-
more County affixed thereto, and every such loan" shall be given an appro-
priate name by said County Commissioners with the word "sewerage"
included therein, and every such loan and every part thereof and the
interest payable thereon shall be and remain exempt from State, county
and municipal taxes; and all Acts or parts of Acts and all laws or parts
of laws, whether public, local or general laws of the State of Maryland,
inconsistent herewith, are repealed to the extent of such inconsistency.

1922, ch. 35. B. Co. C. (1916), sec. 259. 1928. sec. 371.

371. For the purpose of paying said certificates of indebtedness when
and as they mature and for the purpose of paying the interest thereon when
and as the same becomes due a tax of 1 per cent, of the assessed value of
all property benefited by any such system as may have been built through
the sale of said certificates, or such part of 1 per cent, as may be deemed

 

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Code of the Public Local Laws of Maryland, 1930
Volume 377, Page 646   View pdf image (33K)
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